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65 new news items in the last 24 hours
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  2. Economy

Elon Musk's net worth has risen to 677 billion dollars, thanks to the sales of SpaceX shares and the increased valuation of the company.

Lara Maior
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16 December 2025, 09:09
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Elon Musk, the richest man in the world, has reached a net worth of 677 billion dollars, according to estimates by Forbes magazine. This increase was driven by recent stock sales of SpaceX by employees and investors, which led to a company valuation of 800 billion dollars, up from 400 billion dollars previously. Musk owns about 40% of SpaceX, and his wealth is primarily tied to his stakes in Tesla and SpaceX. Unlike Tesla, SpaceX is a private company, and its valuation is based on funding rounds and stock sales, not on stock prices. Elon Musk, a successful entrepreneur, founded SpaceX in 2002 and joined Tesla in 2004, having an impressive career path after graduating from the University of Pennsylvania.

Sources

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G4Media
Averea lui Elon Musk a trecut de 600 de miliarde de dolari
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Stiripesurse
Elon Musk, cel mai bogat om din lume. Averea sa depășește 600 de miliarde de dolari
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The Guardian EU
Elon Musk's net worth hits estimated $600bn as SpaceX prepares for IPO

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NEWS ON THE SAME TOPICS

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Economy
Elon Musk has lost over 500 billion dollars, after the value of SpaceX's assets decreased by almost 40%.
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International
SpaceX has raised 86 billion dollars in the largest initial public offering in history, exceeding initial estimates of 75 billion dollars.
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SpaceX has raised 75 billion dollars through an initial public offering record. Trading on Wall Street begins on Friday.
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Economy
SpaceX, Elon Musk's company, had a spectacular debut on the stock market, with shares increasing by 19.2%. The market value reached 2 trillion dollars.
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International
Elon Musk has become the world's first trillionaire after SpaceX began trading on NASDAQ, with shares rising by 18% at debut.
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SpaceX's decline: What is happening with Elon Musk's company
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Elon Musk Forbes richest SpaceX Tesla

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